SVC: SAVICO sets up a subsidiary

Saigon General Service Corporation (SAVICO) has established a subsidiary as follows:

* Subsidiary: Ben Thanh Motor Joint Stock Company

* Address: 831 Truong Chinh, Tan Phu, Ho Chi Minh

* Business License: 0309708126

* Issue date: January 18th 2010

* Issuer: Department of Planning and Investment of Ho Chi Minh

* Charter capital: VND20,000,000,000.

* In which: SAVICO joins 52%: VND10,400,000,000.

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